Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Imports from Romania cover half of Republic of...

Imports from Romania cover half of Republic of Moldova's electricity consumption, President Sandu says

February 13, 2025

  Half of the Republic of Moldova's electricity consumption, on the right bank of the Dniester, is covered from domestic sources, renewable energy included, while the other half is covered from imports from Romania, President of the Republic of Moldova Maia Sandu told a press conference on Tuesday.The leader in Chisinau called on Tuesday a meeting of the Supreme Security Council to discuss the country's energy situation and assistance measures for the population."On the right bank of the Dniester, almost half of the power needs are covered from domestic sources, including renewable energy, which has increased significantly in recent years, yet we still have a lot to do; the other major part is represented by imports from Romania," said Sandu.The Moldovan president asked the government to make efforts to increase financial support for the vulnerable population, like for instance in the form of energy vouchers intended to help vulnerable households deal with and reduce their electricity bills. "Electricity fees on the right bank are high, we know this. This crisis triggered by Gazprom has also prompted a rise in electricity tariffs on the right bank of the Dniester. Under the given circumstances, we want to make sure that both companies and households are able to more easily overcome this complicated period and problem. The government has a mechanism to offset 50% of company expenses, and envisaged are about a third of the producers, who are most affected by the tariff increase and whose electricity expenses account for a large share of their costs. It is my understanding that in the coming days the government will provide more details about this program," Maia Sandu added.She specified that approximately 680,000 households benefit from energy subsidies.Referring to the population of the self-proclaimed separatist republic of Transnistria, Maia Sandu said that financial supported can be provided only with the assent of the Tiraspol authorities."For the right bank, as I said, we must continue investing in renewable energy, in energy efficiency, work to optimize consumption," the President of the Republic of Moldova also said.Maia Sandu called on the population, public institutions and companies to cut their energy consumption amid the crisis caused by Gazprom halting gas deliveries, stating that the Presidency will also work to reduce its electricity consumption."At the Presidency, in nine months of 2024 we managed to reduce electricity consumption 12% from the year-ago period, and we will continue to work toward this," she said.  

Read in full - click here
Nadav Lapid’s ‘YES’ to be screened at Bucharest International Film Festival next month

The Bucharest International Film Festival (BIFF) has announced the Bucharest premiere of YES, one of the standout films selected in the Official Competition of the 2025 Cannes Film Festival. The screening will take place during the 21st edition of BIFF, scheduled for September 19–28, and will be attended by the film’s director, Nadav Lapid, and […]

Global Vision enters retail sector with EUR 10 mln investment in Oradea

Real estate investment and development company Global Vision has announced its first entry into the retail sector with a commercial project in Oradea, northwest Romania. The investment exceeds EUR 10 million and is part of the company’s broader EUR 150 million investment pipeline. The new retail development, named Oradea Retail Plaza, will be located in […]

Wizz Air adds second aircraft and expands operations in Sibiu

Low-cost carrier Wizz Air has added a second aircraft to its base at Sibiu International Airport and announced a significant expansion of its operations in the Romanian city. The airline, which has been present in Sibiu for more than a decade, is now offering over one million seats to and from Sibiu, representing a 48% […]

Romanian trade unions prepare for possible general strike over austerity measures

Romania’s main trade union confederations are preparing coordinated protest actions and considering a general strike in response to the government’s new fiscal and austerity measures, Economica.net reported. The decision was made during a meeting of union leaders evaluating the impact...

Bolt, Uber assure their Romanian drivers are paying taxes and contributions legally

The Coalition for the Digital Economy, which brings together companies such as Uber, Glovo, Wolt, Bolt, Bringo, and Lime, in response to Ziarul Financiar's claims that the drivers of the ride-hailing operators are avoiding taxes and social security contributions, assured that this is not the case.  ...

OMV Petrom putting special dividend on ice conveys cautious message to investors

Romanian energy group OMV Petrom (BVB: SNP) will decide by the end of September on the special dividend, based on the progress of the investment projects, the impact of the present and future fiscal reforms implemented by the government, and the market conditions, the company's CFO Alina Popa explained, quoted by Cursdeguvernare.ro.  ...